Wolf Richter, Testosterone Pit
The meltdowns at Fukushima Number 1 that have caused so much havoc have also paralyzed Japan’s nuclear power industry. The last of its 54 reactors will be taken off line in May for scheduled maintenance, but none has been restarted due to local resistance.
“Deindustrialization” is gripping the power-starved country. TEPCO, owner of the Fukushima plant, is being bailed out with trillions of yen in taxpayer money, or rather [...]